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Dec 22, 2012
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and if we're going into a fiscal cliff ceiling, the contraction of government policy, and then on top of that we have a debt ceiling crisis, we're going to leash an economic hell that will be like lehman in 2008. >> my reaction, the sense of this, it is why i'm relaxed going off the curb because i never believed we would hit the month and month and a half. and now if i'm wrong, you and i are both staying up nights. but my sense is that all capitol hill needs is being off the cliff for a day or two. and those people that are preventing boehner from getting something done now will all sit in the right corner and allow boehner to put together the right vote package to get something done in the first week that we're off the curb. >> i think you're probably right. and i think the market thinks you're right. that is why you're not seeing huge panic. but the only thing that makes me worry, is boehner's recent travails, if he gets weaker, but i don't expect that to be bad. it should not be horrible. >> ezra, i think you should sleep at least the first three days, off the cliff, and then we ca
and if we're going into a fiscal cliff ceiling, the contraction of government policy, and then on top of that we have a debt ceiling crisis, we're going to leash an economic hell that will be like lehman in 2008. >> my reaction, the sense of this, it is why i'm relaxed going off the curb because i never believed we would hit the month and month and a half. and now if i'm wrong, you and i are both staying up nights. but my sense is that all capitol hill needs is being off the cliff for a...
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Dec 22, 2012
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as we quickly approach the fiscal cliff, president obama issues a new proposal to congress. plus, one week after the deadly school shooting in newtown, connecticut, communities across the nation and around the world pay tribute to the victims. and the national rifle association speaks out for the first time since the attack. it proposes a controversial plan to prevent similar mass shootings. let's go "outfront." good evening. i'm soledad eye brine in for erin burnett. "outfront," lowering expectations ten days before we fall off the fiscal cliff, and there is still no deal in sight. tonight, president obama urged congress to broker a scaled-down deal. >> i just spoke to speaker boehner and i also met with senator reid. in the next few days i've asked leaders of congress to work toward a package that prevents a tax hike on middle-class americans, protects unemployment insurance for 2 million americans, and lays the groundwork for further work on both growth and deficit reduction. that's an achievable goal. that can get done in ten days. >> yesterday the house speaker john boe
as we quickly approach the fiscal cliff, president obama issues a new proposal to congress. plus, one week after the deadly school shooting in newtown, connecticut, communities across the nation and around the world pay tribute to the victims. and the national rifle association speaks out for the first time since the attack. it proposes a controversial plan to prevent similar mass shootings. let's go "outfront." good evening. i'm soledad eye brine in for erin burnett....
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Dec 22, 2012
12/12
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what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the pressure on, and we know both sides are planning to come back at some point after christmas and try to get something worked out, but no overt optimism coming really from the aides on either side right now. we'll see, soledad. i will tell you folks right now are planning to make new year's eve plans here in washington, d.c. we're not so sure we're getting out of town yet. >> they should be plans you can cancel if case you have to go right back to work. let me ask a question. jessica says pressure is a great motivator. talk about pressure last night on speaker boehner, couldn't get enough support fr
what the president has done today is he has laid out a scaled down version of a fiscal cliff deal, you know, keeping tax cuts in place for 98% of americans, extending unemployment insurance, and laying out a plan, a down payment on a promise to do entitlement reform and also made a pitch to the american people to only blame republicans if there is no deal. so it is a two-pronged attack that he makes right before taking off on vacation. so right now, you know, the plan is basically to keep the...
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Dec 22, 2012
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with what's going on right now with the fiscal cliff as a democrat i feel that we should just rint off the cliff and we need to start the tax table over, make it more fair for everyone involved. what i mean by that is number one, i feel that the corporate tax is too high. we have to lower it. we have to pull companies back into the country number two, i don't feel that they they left for the corporate rate. they left for the world economy. and it's a lot cheaper to pay somebody 14 cents an hour in china and bring the goods back. so we have to do things like that. and we have to protect be fair with the tax rates, and bring jobs back. number two, on -- when we talk about taxes, the 1%ers, listen, sam walton became a billionaire and when he was making his money it was at the rated of like 90% and he still was able to obtain that type of wealth which i applaud that that's phenomenal. but what we have to do is we have to limit our capital gains to 15% for the first 500,000. and what that will do is make it more fair that we won't have c.e.o.s a year ahead of time saying i don't want to be
with what's going on right now with the fiscal cliff as a democrat i feel that we should just rint off the cliff and we need to start the tax table over, make it more fair for everyone involved. what i mean by that is number one, i feel that the corporate tax is too high. we have to lower it. we have to pull companies back into the country number two, i don't feel that they they left for the corporate rate. they left for the world economy. and it's a lot cheaper to pay somebody 14 cents an hour...
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Dec 22, 2012
12/12
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yeah. >> all right. thank you very much. >> thanks. >>> to politics now. the coming fiscal cliff. there was a flurry of action this week. in the end, still no deal. the senate is on vacation until thursday. and republican house leaders have just said that they'll be back if needed. joining me now as they do every week, cnn contributor maria cardona and amy holmes, anchor of "real news" on "the blaze." good morning to you. >> good morning. >> maria, there are still a few days left, maria. can anything get done, what do you think? >> given that it's the holiday season and i think hope should spring eternal, especially this time of year -- >> oh, my. >> and i am an optimist. i hope that a deal can get done, randi. the other thing that i think should go into the equation as to whether a deal can get done even though it hasn't up to now is republicans need to remember who won this election. and republicans need to remember what the american people wanted and whose plan they supported. and that was president obama's plan to make sure to do this, deal with the fiscal cliff in a balanced
yeah. >> all right. thank you very much. >> thanks. >>> to politics now. the coming fiscal cliff. there was a flurry of action this week. in the end, still no deal. the senate is on vacation until thursday. and republican house leaders have just said that they'll be back if needed. joining me now as they do every week, cnn contributor maria cardona and amy holmes, anchor of "real news" on "the blaze." good morning to you. >> good morning. >>...
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Dec 22, 2012
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. >>> here's one take on the fiscal cliff. john boehner's animal house. we are bogey to talk to "the washington post" writer who says in boehner's house the animals are rampaging. what's that mean? we will have an answer for you in the next half hour. >>> nasty weather is lingering just before christmas. aaa predicts 93 million of us will be traveling long distances over the holidays. that includes those that are flying. with a hello to you. how is it looking out there? not too bad in terms of traffic behind you. >> that's exactly right. good afternoon. it isn't too bad. here chilly but sunny and no problems to report in atlanta. most major airports throughout the country are run okay. one exception may be san francisco. bus there were rain delays there earlier today. but -- traffic slowing down a few of the other airports. according to flight aware.com so far only about 70 nights cancelled in the u.s. so far today. that's a big difference from thursday and provide when that storm blew through the plains and midwest and the northeast. forcing the cancella
. >>> here's one take on the fiscal cliff. john boehner's animal house. we are bogey to talk to "the washington post" writer who says in boehner's house the animals are rampaging. what's that mean? we will have an answer for you in the next half hour. >>> nasty weather is lingering just before christmas. aaa predicts 93 million of us will be traveling long distances over the holidays. that includes those that are flying. with a hello to you. how is it looking out...
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Dec 22, 2012
12/12
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cliff. the president met with harry reid and also spoke with the house speaker. the president said he hoped any deal would include an extension of unemployment insurance and lay the groundwork for a larger deal. this is about seven minutes. >> good afternoon, everybody. for the last few weeks, i have been working with the leaders of both parties on a proposal to get our deficit under control, to avoid tax cuts -- to avoid tax hikes on the middle- class. and to make sure we can spur jobs and economic growth. a balanced proposal that cuts spending, but also ask the wealthiest americans to pay more, a proposal that will strengthen the middle class over the long haul, and our economy over the long haul. in the course of these negotiations, i offered to compromise with republicans in congress. i met them halfway on taxes and more than halfway on spending. today, i am still willing to get a comprehensive package done. i still believe that reducing our deficit is the right thing to do for the long-
cliff. the president met with harry reid and also spoke with the house speaker. the president said he hoped any deal would include an extension of unemployment insurance and lay the groundwork for a larger deal. this is about seven minutes. >> good afternoon, everybody. for the last few weeks, i have been working with the leaders of both parties on a proposal to get our deficit under control, to avoid tax cuts -- to avoid tax hikes on the middle- class. and to make sure we can spur jobs...